68
Minor International Public Company Limited
2007 Annual Report
Total Investments in Associates
Coco Palm Hotel & Resort Co., Ltd.
Maikhao Vacation Villas Limited
Total Investments in Associates
Maikhao Vacation Villas Limited
b) Investments in Associates (Cont’d)
Hotel operation
Time sharing resort
Sales of Right-to-Use in
Nature of business
Time sharing resort
Sales of Right-to-Use in
Nature of business
Thailand
Thailand
Country of Incorporation
Thailand
Country of incorporation
40
Baht Million
Shareholder
Shareholder
Nature of relationship
92.5
40
Baht Million
65.04
50
%
Paid-up Investment capital portion
50
%
Paid-up Investment capital portion
COMPANY - 31 December 2006
Shareholder
Nature of relationship
COMPANY - 31 December 2007
79,284,460
55,000,000
24,284,460
Baht
Cost
24,284,460
24,284,460
Baht
Cost
-
-
-
Baht
Dividend
220,000,000
220,000,000
Baht
Dividend